Contact Information

Mobile Home Park for Sale

Number of MH Lots:

23

Size:

2.9 acre(s)

Cap Rate:

15.2%

Status:

Sale Pending

Property ID:

802117

Posted on:

Apr 10, 2017

Updated on:

Nov 06, 2017

Price:

$450,000

Property Description

The all-ages community Tall Oaks is a 23 site mobile home park consisting of 16 park owned homes, currently running a 98% occupancy rate. The average lot rent is $400 per month and $600 for Park-Owned Homes.

The property’s water needs are maintained by a well and sewer is city-serviced (which are included in monthly rent). City electric, direct billed. The gas is for a single storage unit.